• Kyodo

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Japan pledged on Thursday to provide India with yen loans of up to ¥100 billion ($940 million) for the construction of Mumbai’s subway system, and nearly ¥50 billion for other infrastructure projects.

Foreign Minister Taro Kono and Indian External Affairs Minister Sushma Swaraj oversaw the signing of notes on the loans after they held the ninth round of a bilateral strategic dialogue in Tokyo.

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